–Trial version for review, May 2021 —
The UK FCDO’s 2020 Technical Competency Framework on Private Sector Development specified key competencies to guide PSD advisors’ recruitment and professional development (2023 version here); these pages signpost recommended reading structured according to the 2020 competencies. These pages have no official status and are offered by the DCED as a resource for the PSD community.
On this page, you will find pointers on competency PSD 5: Market Systems Development
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Competency PSD5: Market Systems Development
- Competency 5.1 – Describe and explain the importance of functioning product, service and factor markets to businesses and to poor people’s access to jobs, incomes, goods and services….
- Competency 5.2 – Describe and explain the key features of and conditions for efficient and effective markets, market failure and government failure concepts, and the risks of distorting markets.
- Competency 5.3 – Describe, appraise and apply tools and frameworks for market analysis for different sectors.
- Competency 5.4 – Explain what a market systems approach is (including when it is appropriate) and how design, manage and evaluate appropriate and inclusive market systems development programmes…